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Top story
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Oglesby offers reasons to be cheerful
Michael Oglesby, chairman of Manchester’s inward investment agency MIDAS, has indicated there may be a deal on the horizon at the city's next major building, One St Peter’s Square. Speaking at an event convened by architects’ firm Sheppard Robson, Oglesby said: “One St Peter’s Square will almost certainly be the first development off the blocks but it needs a pre-let. Such schemes are totally unfundable without pre-lets currently. I understand that discussions are underway with three.”
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Deals
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CNP secures funding package
CNP Professional, a sales, marketing and distribution company for sports nutritional products, has secured a £370,000 funding package from Lombard to support the development of its own in-house manufacturing operation.
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Vision+Media welcomes £2m games fund
Vision+Media, the region's creative and digital support organisation, has welcomed a new government fund designed to help grow the UK's games industry.
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BVCA announces regional winners
The acquisition of Cheshire retailer Pets at Home by US private-equity house Kohlberg Kravis Roberts (KKR) has won the North West private equity-backed team of the year (large buyout) award at the BVCA Portfolio Company Management Awards 2010.
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Business
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North West third for foreign investment
The North West remains the leading region outside London and the South East for foreign direct investment, according to a new report.
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Positive outlook for ANS
ANS Group, a Manchester-based technology business, has posted positive year-end results after investing £500,000.
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Rothwell calls for better private sector links
Dame Nancy Rothwell, the new president and vice-chancellor of the University of Manchester, has called on higher education institutions to strengthen links with the private sector.
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Property
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Peel announces power plant plans
Peel has announced plans for a £70m renewable energy power plant in Trafford that could create more than 100 new jobs.
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Big shed deals boom in North West
The North West “big shed” industrial market recorded its highest ever second quarter take-up figures, according to consultancy Lambert Smith Hampton.
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DJD: Manchester office market flat
The Manchester office market is “flat”, according to Drivers Jonas Deloitte (DJD).
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Other News
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BBC makes breakfast move
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Claimant count falls in the North West
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Cyprotex reports strong second quarter
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Mills & Reeve grows turnover
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Deloitte makes Wright move
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